Analyst says ‘it doesn’t matter’ as Block reports a hit to BTC revenue in Q4
Block reports a 7.0% decline in its fourth quarter bitcoin revenue. Baird analyst David Koning shares his outlook on the Block stock. Shares of the financial technology company are up…
Are BTC mining stocks still a good bet after inflation ticked up in January?
U.S. consumer prices were up a more than expected 6.4% in January. Bitcoin mining stocks still gained near 20% in the week ended Feb 19th. Mike Colonnese reiterated his bullish…
Do Kwon withdrew $100M worth of BTC via Swiss bank, SEC says
Do Kwon reportedly held 10,000 BTC in a cold wallet. The now fugitive Terraform Labs founder reportedly cashed out a massive $100 million worth of Bitcoin through a bank in…
How to play BTC miners after the recent SEC crackdown?
Bitcoin miners are having a rather challenging February. SEC has recently taken an aggressive stance against crypto. H.C. Wainwright analyst still rates four BTC miners at “buy”. Bitcoin miners had…
BTC vs BTC miners: H.C. Wainwright analyst picks a side
H.C. Wainwright analyst says mining stocks are better pick than BTC. Mike Colonnese explained his view in a research note on Tuesday. Bitcoin gained 40% in January, mining stocks 124%…
MicroStrategy BTC paper loss hit $1.3B but no plans to stop trading bitcoin
MicroStrategy registered $34 million in its first-ever bitcoin sale. The company registered a paper loss of over 1 billion in 2022. MicroStrategy made its first bitcoin purchase in August 2020.…
Bitcoin hits 5-month high as bulls push BTC above $23K
Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date gains. BTC price is up 30% in a month and has recovered 47% since the decline…
Bitcoin price: Analyst says BTC could hit $25K by March
Bitcoin price broke above $21,440 on major cryptocurrency exchanges for the first time since the FTX implosion. Much of the buying pressure was retail driven as crypto mirrored stock markets’…
Binance and Huobi recover 121 BTC from Harmony bridge hackers
The Harmony bridge hack took place in June last year and over $100 million was lost 121 bitcoins have been recovered by Huobi and Binance security teams. The hackers were…
13% of Bitcoin supply in profit as BTC rallies above $18,200
Bitcoin price jumped more than 5% on Thursday to hit levels above $18,400. According to on-chain data from Glassnode, the price rally has helped return 13% more BTC into profit;…